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-0.0167963949201147 -0.0167963949201147 -0.0167963949201147 -0.0557148709545268 -0.0190495698484227 -0.0594018844735763 -0.115731257681278 -0.0987300286767717
Stock impact report

AGBA Group is Positioned For Hong Kong's Rebounding Macro Environment with Business Refinements and Growth Strategies

AGBA Group Holding Limited - Ordinary Share (AGBA) 
Company Research Source: GlobeNewswire
HONG KONG, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The year 2023 posed significant macro-economic challenges for Hong Kong and China, particularly in relation to the Chinese real estate and financial markets. As an open economy heavily reliant on tourism, exports, and financial markets, Hong Kong faced a difficult year. However, there are now emerging signs of a recovery in the macro environment for both China and Hong Kong. The annual Chinese New Year celebrations in Hong Kong this year witnessed a record number of visitors from Mainland China, indicating an upswing in spending, including on financial products and services. Alongside these cyclical tailwinds, Hong Kong is experiencing structural growth driven by demographic factors and the increasing demand for its products and services from the Greater Bay Area (GBA). AGBA Group Holding Limited (“AGBA” or the “Company”), the leading one-stop financial supermarket in Hong Kong, is strategically positioned to capitalize on Hong Show less Read more
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